Refinancing arranged for Extra Space in South Portland, Maine
United States, Sept. 3 -- JLL Capital Markets announced that it arranged a refinancing for Extra Space South Portland, self-storage facility in South Portland, Maine.JLL worked on behalf of the borrower, The Ardent Companies, to secure the five-year loan through a regional bank.Completed in 2022, the facility has maintained high occupancy for 12 consecutive months and is managed by Extra Space Storage Inc. (NYSE: EXR), the nation's largest third-party self-storage management company. The property features climate-controlled units with 24/7 access, digital surveillance, controlled access and an on-site office.Extra Space South Portland is located at 193 Western Avenue just south of Portland International Jetport with excellent access to both...
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